First of all, please take a look at the fundamentals and the great development team of Solvecare, this a great project for the long term.
Second, look at the chart! There is a clear cup and handle pattern forming and I believe that we will experience a golden cross soon, this wil take us to the goal of 0.0005367 BTC and eventually 0.00006547.
I call this...
I hope you are all been trading well and made a nice profit on my last call.
I still see upwards potential in the charts.
I always look at the shorts chart also, they are still quite high, fuel for one last push to the upside. This will complete a Elliot wave. And I know that the drawings of this theory are very subjective, but my drawing follows the...
We are holding the green support line, we have had our wave 4 down, so we are in for wave 5 up. I believe that we could see 6200 quite soon.
The shorts are really high, and when those get liquidated with a small pump, FOMO will come in from those 'experienced' traders who have been waithing for a 'real' pullback to put in their 'smart' money.
We just heard that BAKKT is delayed (again), so will this unleash the bears again?
We are running up to resistence of the 20 week moving average and there is no buying volume to be seen. Therefore I believe we are going to see a big correction again.
The fist goal will be 3775, the old support, but eventually I think we must come down to the bottem of...
Normally I dont like to watch the lower time frames, but this time the market is so volatile that I think there is good reason to watch the patterns on small time frames too.
What I am seeing is that the pump yesterday was the third leg up in the Elliot wave. Now we have seen a complete Elliot wave up. We are therefore in for a correction.
Based on the cross on the daily stoch rsi, we are in for a pullback. I expect the last resistance to become new support and we fall right on to this level and stay there for a week. Then we might test the 20 week MA just as in 2015. The big pattern I see is a upwards triangle.
You can also look at my idea for the big picture for november 2021.
This is the first TA that I share on Tradingview, I have been in the market for 1.5 years now. I have learned a lot since I entered the market.
I've made a comparison of the bear market in 2014 and now, I know that this is what everybody does at the moment, but it is too nice to keep it for myself. I have cloned every line, and made the white line to...